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If you allow a car you cosigned for to be repossessed then pay off the balance after it is auctioned will it still affect your credit?
Wiki User
∙ 8y ago
IF you can pay it off AFTER it is sold, it will still show as a repo on your credit. BUT if you can payoff then, pay it off NOW and you get to keep the CAR.
Wiki User
∙ 8y ago
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Is husband liable for a car loan if his wife cosigned?
No. Only the person who co-signed is responsible. Even in a community property state that debt would not be a marital debt. However, if the primary borrower defaults you wife will have to pay the balance and that, of course, may affect you.
If you cosigned for a car and it got repossessed voluntarily what will it do to your credit and will you owe?
Whether a repossession is done "voluntarily" by the primary or through the action of the lender, the primary borrower and the cosigner are still legally responsible for all the terms of the lending agreement. The affect the repossession has on the cosigner's credit history will depend upon the actions of the lender to recover the debt owed.
How does it affect your credit or obligation if your repossessed vehicle was stolen from the lienholder?
The repo will effect your credit. The judgment the lender will get will effect your obligation to pay the deficiency balance. the letter wont effect anything UNLESS the car WAS stolen.
Are there nerves in your nose that affect your balance or weight?
No. Your EARS affect your balance.
What two types of errors are associated with the trial balance?
Errors that do not affect the trial balance errors that affect the outcome of the trial balance
If your car has your mothers and your name on the title but she is deceased how does this affect you if it is repossessed?
Goes on your credit as a repossession.
How bad does it affect the cosigner's credit if the borrower has the car voluntarily repossessed?
It has the same effect on the credit.
If a spouse's car gets repossessed after their death does it affect your credit rating?
If your name was on the note, yes.
Does taste affect balance?
no
How will breaking and steering the car affect the cars balance?
loses the balance
How do flashing lights affect balance?
Flashing lights might affect the balance by causing a person to feel unsteady or confused when confronted by these lights. Flashing lights can also cause seizures that affect balance in some cases.Ê
Does the height of a person affect their balance?
Yes height does affect balance because I did a science project and the shorter person balanced on a balance beam for 1:20 minute. By dereko333
